Editor’s Note: All information in this article reflects data provided to the Alabama Center for Real Estate for the time period February 1 – 29,
Coronavirus (COVID-19) has obviously created unprecedented circumstances within our world and economy. More than anything else, this new disease has introduced uncertainty for many businesses,
Based on recent permit trends, new construction activity in Alabama is likely to increase in 2020. Permits for new single family homes were up 7.9%
The Alabama Center for Real Estate created the following rankings based on new construction as a percentage of total residential sales during January.1.
The Alabama Center for Real Estate created the following rankings based on average days on market (DOM) for closed transactions during January. Birmingham: 41 days
Residential markets across Alabama have plenty of momentum in 2020. Total residential sales passed the pre-recession peak in 2018, and 2019 was yet another record
The Alabama Center for Real Estate created the following rankings based on average days on market (DOM) for closed transactions during December. Birmingham: 38 days
The Alabama Center for Real Estate’s 2019 residential sales forecast performed quite well (accurate to within 6.5% statewide) considering the challenges faced at the end of 2018.
The Alabama Center for Real Estate created the following rankings based on average days on market (DOM) for closed transactions during November. 1. Birmingham: 33
